Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AMC Networks Inc shares valued at $1,072,698 were sold by Charles F. Dolan 2009 Revocabl on Mar 10 ’25. At $6.95 per share, Charles F. Dolan 2009 Revocabl sold 154,345 shares. The insider’s holdings dropped to 20,833 shares worth approximately $0.14 million following the completion of this transaction.
Also, Charles F. Dolan 2009 Revocabl sold 20,833 shares, netting a total of over 143,539 in proceeds. Following the sale of shares at $6.89 each, the insider now holds 0 shares.
Before that, The Charles F. Dolan 2009 Revo had added 175,178 shares to its account. In a trade valued at $1,213,984, the Other bought AMC Networks Inc shares for $6.93 each.
As published in a research note from Seaport Research Partners on October 22, 2024, AMC Networks Inc [AMCX] has been rated up from a Neutral to a Buy and the price target has been revised to $11. Analysts at Seaport Research Partners downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of October 06, 2023, Seaport Research Partners has initiated its “Buy” rating for AMCX. Earlier on June 06, 2023, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for AMCX stock which previously was a “an Equal-weight”.
Analyzing AMCX Stock Performance
During the last five days, there has been a drop of approximately -5.04%. Over the course of the year, AMC Networks Inc shares have dropped approximately -31.52%. Shares of the company reached a 52-week high of $10.60 on 01/29/25 and a 52-week low of $6.59 on 03/11/25. A 50-day SMA is recorded $8.74, while a 200-day SMA reached $9.72.
Support And Resistance Levels for AMC Networks Inc (AMCX)
According to the 24-hour chart, there is a support level at 6.58, which, if violated, would cause prices to drop to 6.39. In the upper region, resistance lies at 7.11. The next price resistance is at 7.45. RSI (Relative Strength Index) is 30.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.13, which suggests the price will decrease in the coming days. Percent R is at 85.82%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
